An auditor wants to verify that for a given inventory acquisition, (1) the merchandise was ordered by the company, (2) the merch
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Answer:
The expected return on Bo's complete portfolio will be "10.32%".
Explanation:
The given question is incomplete. Please find attachment of the complete question.
According to the question, the given values are:
Port's expected return,
T-bill's expected return,
Port's weight,
T-bill's weight,
Now,
The Bo's complete portfolio's expected return will be:
⇒
On substituting the given values, we get
⇒
⇒
Note: percent = %
